North Macedonia - Broad money

Broad money (current LCU)

The value for Broad money (current LCU) in North Macedonia was 436,231,000,000 as of 2020. As the graph below shows, over the past 27 years this indicator reached a maximum value of 436,231,000,000 in 2020 and a minimum value of 19,592,000,000 in 1994.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

Year Value
1993 43,694,000,000
1994 19,592,000,000
1995 19,949,000,000
1996 19,907,000,000
1997 24,664,000,000
1998 27,873,000,000
1999 36,575,000,000
2000 44,712,000,000
2001 74,502,000,000
2002 68,487,000,000
2003 81,154,110,000
2004 94,550,290,000
2005 109,403,000,000
2006 136,542,000,000
2007 177,385,000,000
2008 198,348,000,000
2009 201,661,000,000
2010 225,086,000,000
2011 245,181,000,000
2012 252,694,000,000
2013 259,276,000,000
2014 282,408,000,000
2015 304,074,000,000
2016 322,199,000,000
2017 336,989,000,000
2018 373,436,000,000
2019 404,028,000,000
2020 436,231,000,000

Broad money (% of GDP)

Broad money (% of GDP) in North Macedonia was 65.70 as of 2020. Its highest value over the past 27 years was 70.21 in 1993, while its lowest value was 10.73 in 1996.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files, and World Bank and OECD GDP estimates.

See also:

Year Value
1993 70.21
1994 12.72
1995 11.19
1996 10.73
1997 12.61
1998 13.59
1999 16.64
2000 17.98
2001 29.52
2002 26.49
2003 30.20
2004 33.67
2005 35.47
2006 40.78
2007 47.57
2008 47.81
2009 48.64
2010 51.47
2011 52.82
2012 54.14
2013 51.66
2014 53.52
2015 54.40
2016 54.17
2017 54.52
2018 56.51
2019 58.33
2020 65.70

Broad money to total reserves ratio

Broad money to total reserves ratio in North Macedonia was 1.95 as of 2020. Its highest value over the past 27 years was 15.63 in 1993, while its lowest value was 1.35 in 2002.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1993 15.63
1994 2.72
1995 1.91
1996 1.86
1997 1.76
1998 1.53
1999 1.40
2000 1.47
2001 1.37
2002 1.35
2003 1.60
2004 1.93
2005 1.66
2006 1.48
2007 1.75
2008 2.25
2009 2.00
2010 2.13
2011 2.08
2012 1.82
2013 2.03
2014 2.05
2015 2.22
2016 2.10
2017 2.20
2018 2.18
2019 2.01
2020 1.95

Broad money growth (annual %)

The value for Broad money growth (annual %) in North Macedonia was 7.97 as of 2020. As the graph below shows, over the past 26 years this indicator reached a maximum value of 66.63 in 2001 and a minimum value of -55.16 in 1994.

Definition: Broad money (IFS line 35L..ZK) is the sum of currency outside banks; demand deposits other than those of the central government; the time, savings, and foreign currency deposits of resident sectors other than the central government; bank and traveler’s checks; and other securities such as certificates of deposit and commercial paper.

Source: International Monetary Fund, International Financial Statistics and data files.

See also:

Year Value
1994 -55.16
1995 1.82
1996 -0.21
1997 23.90
1998 13.01
1999 31.22
2000 22.25
2001 66.63
2002 -8.07
2003 18.50
2004 16.51
2005 15.71
2006 24.81
2007 29.91
2008 11.82
2009 1.67
2010 11.62
2011 8.93
2012 3.06
2013 2.60
2014 8.92
2015 7.67
2016 5.96
2017 4.59
2018 10.82
2019 8.19
2020 7.97

Classification

Topic: Financial Sector Indicators

Sub-Topic: Monetary holdings (liabilities)